What's behind the rise in shareholder class actions
- Written by Mark Humphery-Jenner, Associate Professor of Finance, UNSW
Shareholders are left in the dark if CEOs overstate their firms' prospects or conceal negative information.www.shutterstock.comThere’s been several high profile class actions launched by unhappy shareholders against the companies they invest in, otherwise known as securities class actions, lately in Australia. The common theme is a claim...
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